Albaraka Portfolio has established the first Turkey-focused Sukuk fund in Bahrain.

Albaraka Portfolio stands out as one of Turkey's leading institutions in the field of participation finance. Recently, Albaraka has taken a significant step by signing a strategic collaboration with the Bahrain-based SICO BSC to launch Bahrain's first Turkey-focused Sukuk (interest-free bond) fund. The establishment of this fund is crucial for both investors in Bahrain and for enhancing Turkey's participation finance potential in international markets.

The new Sukuk fund aims to invest in Turkey-based Sukuks, targeting to bring Turkish financial markets to the international stage. This initiative will not only present Turkey’s rich financial product range to global investors but will also open a new door for investors in Bahrain to see and evaluate opportunities in Turkey. By strengthening its position as a financial hub, Bahrain implements a strategy aimed at increasing Turkey’s attractiveness among international investors.

The CEO of Albaraka Portfolio stated in his announcement that this collaboration will contribute to the international recognition of the developing participation finance sector. He also emphasized their plans to create opportunities for investors to achieve high returns by leveraging Turkey's strong economic infrastructure. This new fund will offer investors interest-free financing options through sustainable financing methods.

Albaraka Portfolio’s significant initiative will not only boost the financial dynamism of the Bahraini market but will also build a new cooperation bridge between Turkish and Bahraini investors. This Sukuk fund, which will pave the way for global investors to focus on investments built on Turkey's solid economic foundations, is considered a major step for creating more opportunities in the field of participation finance.